Inverted H&S is almost complete, SMA100 last three days provided a strong support
I suppose price will reach neckline al 64$ soon , maybe next week and then a bullish movement will beging targeting SMA200 at around 65$
SMA200 crossing and inverted H&S confirmation can provide enought strenght to exit from the (long) downtrend channel and fill the gap between 67$-72,5$
I suppose price will reach neckline al 64$ soon , maybe next week and then a bullish movement will beging targeting SMA200 at around 65$
SMA200 crossing and inverted H&S confirmation can provide enought strenght to exit from the (long) downtrend channel and fill the gap between 67$-72,5$
Note
It seem that SMA100 is saving the day againNote
Bad day, more analyst changes rating and stock is falling badlyHit my stop loss and put me out of this trade
Note
Great strength! Price can get back inside channel up
Trade active
58,90Note
25 January PayPal will ‘shock the world’
CEO Alex Chriss
Note
After neckline breaking is common a test/pullback, i think price wil now raise to reach first target 72,5$ (gap filling)Very important it that price close outside of bearish channeldown (over 66$)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.